Quote from: Hypnosis00 on Today at 02:45:01 PM

Quote from: dansus021 on Today at 02:59:50 AM

Broke 45K level and sideaway in that level and I would consider the bear market is over and the bull market is coming. but if we look at the chart we can still pretty much down to 40-35K level again or even worse like 30K level.

The Fear and greed index is at level 75 which mean people also greed right now. for now lets wait and see or take profit some if you have profit position right now

At the time that the price of Bitcoin reaches $40k, I'd say the bear season is over. And eve there is price correction may happen in the coming days, yet still not enough ground to say that we're turning back to a bearish market again but that is absolutely a normal scenario in a volatile market.

The entire year of 2023 isn't really looking good as we have a lot of market struggles but fortunately, the price of Bitcoin is still able to break $40k. It was an indication that we are moving high and going to its peak soon. I keep holding and wait for the perfect time to sell.

What bear market can we talk about when bitcoin has done x3 this year? The bear season for bitcoin ended a year ago. I think there might be a small bear market before the halving, but afterwards there will be a prolonged bull run again. Hopefully a year from now the price will be higher than it is now.